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Posts by
lilliemorris
Is forex is best source of income?
in
New Traders
Jul 05, 2021 at 10:54
Yeah for sure. If you acquire the trading skills you are sorted. Using a good forex broker can also make a slight difference. As a matter of fact, I am a part time forex trader.
There is a proverb that practice
in
General
Jul 05, 2021 at 08:13
Of course yes. This proverb ‘practice makes a man perfect’ will fit perfectly for all the forex traders. How much they practice and learn will eventually reflect in their trade successes.
Indicators are reliable but
in
General
Jul 05, 2021 at 07:27
There are thousands of indicators available online. Knowing which one to use itself requires a lot of knowledge and understanding. I have seen many people using a number of indicators running in their trading window. I would always prefer to go with one single indicator along with your own speculation skills. Indicators are finally just algorithms that work based upon the input parameters.
Which Platform is best for forex trading?
in
New Traders
Jun 30, 2021 at 12:46
True, particularly for forex.
Free sources of professional Forex education
in
General
Jun 29, 2021 at 04:52
It doesn’t matter where you learn your basics from. What matters ultimately is your knowledge. So, learn as much as you can to become the trader you want to.
Overconfident
in
New Traders
Jun 29, 2021 at 04:38
It’s good to be an optimistic person otherwise. But when it comes to trading, the more realistic you are, the better your trading career becomes.
ACM
in
Trading Systems
Jun 28, 2021 at 06:20
Your appreciating graph makes me wonder if it would have been more profitable if you had used leverage in your trades. But yes, that again comes to being greedy which must be avoided.
Gold Mines
in
Trading Systems
Jun 26, 2021 at 07:49
A great trading system indeed! Just wanted to know how long it took for you to come up with it. I have been trying hard but could never build such a profitable system.
Beginner in forex
in
New Traders
Jun 26, 2021 at 07:48
Yes, that’s true. Your knowledge helps you differentiate between trades that are worth entering and the ones that must be avoided.
Which Platform is best for forex trading?
in
New Traders
Jun 24, 2021 at 12:24
I agree with @Bradley, MT4 is good to start with. I am using it for more than a year now with turnkeyforex. Low spreads and commissions, good client support and easy to use trading tools for beginners. You can practice on their demo account until you become confident with real market conditions.
In trading consistency is important
in
General
Jun 21, 2021 at 08:20
Yes, it is true that in trading maintaining consistency is the key to success. It would be ideal to learn the market in detail, make use of the right set of strategies, and carry out trade on a regular basis.
Trading Psychology
in
New Traders
Jun 19, 2021 at 07:39
As humans, it is the most difficult task for us to keep our emotions in control. But practice and experience can help a lot.Make it a habit to practice the strategies on the demo or micro accounts so that you can prepare yourself for the outcomes beforehand.
Mt4-250146456
in
Trading Systems
Jun 19, 2021 at 07:37
You have been doing great on your demo account. But that’s not what can give an idea about how the system is going to work in the live market. The testing should be done on a live account as well.
Professional trading tips for beginners
in
General
Jun 16, 2021 at 13:13
Try to be patient and you will start seeing a profitable system. Working on a new strategy will help you too.
Dogecoin
in
Crypto
Jun 16, 2021 at 13:10
Cryptos are surely rising with every passing day. You can pick any crypto based on your market analysis and grow your money.
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